Indian Institute Of Foreign Trade
Indian Institute Of Foreign Trade
PresentedBy
Jyoti Jaiswal 43066Kiran Dakua 43051Bindu Gupta 43060
Dilpreet Bhambra 430
IIFT – A SnapshotIIFT was set up in 1963Constantly ranked as one of the TOP TEN Business
Schools.Aim of IIFT
Foreign Trade
Management
Increase Export
Dissemination of Data
Conduct Research
Contd……….Undertaken research studies with organisation like
WTO, World Bank, Ministry of Commerce & Industry.Trained 40000 business professionals.
“Mission”To globally strengthen,
sustain and professionalize business knowledge.
“ Vision “• Delivering globally
competitive business and research for individuals, corporate, government and society.
ObjectivesOffer short and medium term management
development programmes.Carry out consultancy assignments .Provide specialized training facilities.Organize seminars, workshops, conferences and
similar activities for promoting debate on issues of current interest at regional, national and international level.
Establishes and maintain documentation centres.
Powers & Functions
Design and deliver courses of study and research and provide instructions.
Confer Degree and grant Diplomas / Certificates.
To set up centre's and campuses.
Contd……To invest and deal with money and securities of the
institute
To draw, accept, make, endrose and discount cheques, notes, negotiable instruments.
To make rules, regulations, bye – laws for the conduct of the affairs of the institute.
Hierarchy In IIFT
Measures Taken By IIFT To Promote Export
1. ASIDEIt was launched on 13th March 2002.
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Achievements Of “ASIDE”
Total Cost 662.84 Cr
It has been successful in leveraging the funds from State Government / Private Parties for the projects approved under the scheme.
88 projects were approved in 2009.
377.81285.05
Project Cost
ASIDEOther Sources
2. Infrastructure SupportIIFT has been in touch withDepartment of shippingDepartment of Road Transport & HighwaysDepartment of Revenue, Ministry of Civil Aviation,
Ministry of Railway etc.• Following steps have been undertaken by department
of commerce for trade infrastructure development.SCOPE – Shipping ( Setting up of Standing Committee
on Promotion of Export by Sea )SCOPE – AIR ( Standing Committee on Promotion of
Export by Air )
3. ECGC ( Export Credit Guarantee Corporation Of India Ltd.
ECGC Mumbai was set up in 1957 under Companies Act 1956.
It offers credit risk insurance covers to export, banks etc.
Primary Objective – To promote the country’s exportProvide credit insurance covers to banks against the
non payment risk of exporters availing pre – shipment, post – shipment as well as other non – funded export credit facility.
4. FIEO ( Federation of Indian Export Organization )
It was set up in 1965 as an Apex body registered under the Societies Registration Act XXI of 1860 with its headquarter at New Delhi.
Objective is to render an integrated package of services to various organization.
Members Export Promotion CouncilCommodity BoardChambers Of CommerceTrading House Export House
Initiatives By Export Promotion Council ( EPCs )A. Gems & Jewellery• It is one of the thrust sectors under special focus
initiatives under foreign trade policy 2004 – 2009.• 3 Sub - Sectors
• Employed 34 Lakh people across all segments
Cut & Polished
Diamonds
Gold Jewellery
Colour Gem Stone &
Other Items
B. Kimberley Process Certification Scheme ( KPCS )
KPCS requires each participant to impose internal controls over production and trade of rough diamonds.
It has 49 member state including European community representing 27 member States
It has membership of 75 countries.
Core Courses at IIFTEconomics & Trade Policy
International Trade Operations & Logistics
International Financial Management
E-Business & Technology Management
International Business Strategy
International Marketing Management / Research
Finance Courses at IIFTFinance courses at IIFT include:
Retail Banking
Security Analysis and Portfolio Management
Global Banking and Finance
Derivatives and Risk Management
Project Appraisal and Finance
Managing Currency
Fee Structure and Duration Of MBA In International Business
Name Of The Course Fee Structure Duration
MBA in IB ( International Business )
General/OBC – Rs 350000 / paSC/ST/PH – Rs 175000/ paForeigners/ NRI – 18500US $
2Years
MBA IB ( Part Time ) General/OBC – Rs 162000/ paSC/ST/PH – Rs 87000/ paForeigners/ NRI – 7000 US $
3 Years
PGDIB for Young Managers
General/OBC – Rs 300000 paSC/ST/PH – Rs 150000/ pa
2 Years
Membership With International Organization
International Linkages
Bangladesh Foreign Trade
Institue
Brock University Canada
EDHEC Business School, France
Foreign Trade Training Centre,
Egypt
Keio University, Japan
Sectoral Placement of MBA ( IB ) Batch 2008 - 10
PlacementsPre – Placement Interviews / Offers
Companies No of Students Selected
Mahindra & Mahindra. Johnson & Johnson, Tata Steel, Essar, Titan, Tata Motors, Axis Bank, Wipro etc
48
International Placement Weak
Triton Group, Punj Llyod, Wilson International,
10 % of the batch bagged the offer
Lateral Placements
TCS, Nomura Holdings, MSAS, Tata Motors, Darashaw, Yes Bank etc
40
Average Salary INR 11.62 lakhs pa
Highest International Salary USD 150000
Highest Domestic Salary INR 1308000 pa
Planning for New CoursesIIFT’s mandate is to strengthen this area with
introduction of new courses such as:
Regulatory Framework for Financial Services (UK competence)
History of Financial Services in Developed Countries (UK competence)
Economic Impact of Financial Services – Experiences in Developed and Developing Countries (to be conducted jointly through training and research programmes)